Dillard’s, Inc. $DDS Stock Holdings Trimmed by Horrell Capital Management Inc.

Horrell Capital Management Inc. lowered its position in shares of Dillard’s, Inc. (NYSE:DDS) by 8.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,337 shares of the company’s stock after selling 1,993 shares during the period. Dillard’s comprises about 5.8% of Horrell Capital Management Inc.’s holdings, making the stock its 3rd largest holding. Horrell Capital Management Inc.’s holdings in Dillard’s were worth $12,779,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its position in Dillard’s by 108.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 48 shares of the company’s stock valued at $29,000 after acquiring an additional 25 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of Dillard’s in the 4th quarter valued at $29,000. Quarry LP bought a new position in shares of Dillard’s during the 3rd quarter valued at $33,000. Global Retirement Partners LLC grew its holdings in shares of Dillard’s by 6,300.0% during the 4th quarter. Global Retirement Partners LLC now owns 64 shares of the company’s stock valued at $39,000 after purchasing an additional 63 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Dillard’s by 790.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock worth $37,000 after purchasing an additional 79 shares during the period. 67.15% of the stock is owned by hedge funds and other institutional investors.

Dillard’s Price Performance

Shares of Dillard’s stock opened at $511.19 on Friday. The company’s fifty day simple moving average is $563.67 and its two-hundred day simple moving average is $598.68. Dillard’s, Inc. has a 12-month low of $424.86 and a 12-month high of $741.97. The firm has a market cap of $7.98 billion, a PE ratio of 12.15 and a beta of 1.15. The company has a quick ratio of 1.20, a current ratio of 2.37 and a debt-to-equity ratio of 0.21.

Dillard’s (NYSE:DDS) last issued its quarterly earnings data on Thursday, May 14th. The company reported $16.04 EPS for the quarter, beating the consensus estimate of $10.13 by $5.91. The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Dillard’s had a net margin of 10.09% and a return on equity of 31.43%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.39 earnings per share. As a group, equities analysts expect that Dillard’s, Inc. will post 35.26 EPS for the current year.

Dillard’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Tuesday, June 30th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, June 30th. Dillard’s’s payout ratio is currently 2.85%.

Insider Buying and Selling

In other Dillard’s news, Director J C. Watts, Jr. sold 400 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $609.18, for a total value of $243,672.00. Following the completion of the sale, the director owned 10,150 shares in the company, valued at approximately $6,183,177. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 34.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

DDS has been the subject of several recent research reports. Wall Street Zen downgraded shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Zacks Research raised Dillard’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. UBS Group lifted their price objective on Dillard’s from $460.00 to $465.00 and gave the stock a “sell” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings lowered Dillard’s from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $521.33.

About Dillard’s

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.